A 3-bedroom, 2-bathroom single-story home with 1,489 square feet of living space on a 4,791-square-foot lot, located in a secure gated community. Built in 1998, the home is in mostly original condition, with recent updates including new interior and exterior paint. It features carpet and tile flooring throughout, a cozy fireplace, ceiling fans, a chandelier in the dining room, a laundry room, a concrete porch and patio, and a two-car garage. The kitchen is equipped with wood cabinetry, tiled countertops, and standard appliances. The spacious primary bedroom suite includes an en-suite bathroom with double sinks, a walk-in closet, and a separate linen closet. Bathrooms feature wood cabinets, tiled countertops, and a tiled shower/tub combination. The backyard is designed for both gardening and entertaining, with mature fruit trees, grapevines, a vegetable garden, an entertainment area, a storage shed, and a wood block fence for privacy. The Borrowers are purchasing the property as an investment for $632,000, bringing approximately $190,000 plus closing costs to escrow. Their plan is to secure a tenant shortly after closing and hold the property as a long-term rental. Once the property is seasoned and stabilized, they intend to refinance into a conventional loan. The Borrowers are a husband-and-wife team with substantial real estate experience and strong equity holdings. The husband is an engineer for a power management company with 35 years of experience, and the wife is a maintenance worker at a fitness center. Together, they manage six rental properties valued with approximately $2,016,080 in protective equity, with nearly all owned free and clear. They also own their primary residence, valued at approximately $643,000, free and clear. With FICO scores of 605 and 698, substantial liquidity, and a proven track record in managing income properties, the Borrowers are well-positioned to execute their long-term investment strategy. The loan will have a 24-month maturity, providing ample time for stabilization and refinancing.